Funding arb · Price arb /

AAPL

RWAall AAPL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0775%/8h= +84.9% APRpaid last 24h +0.161%

Price spread now: Aster against edgeX+0.032%80s7-day average +0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.607% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.386%+$39 on $10k

Price spread, last 4 days (all we have)−0.135%−$13 · spread now +0.032%, 7d avg +0.016%

Together, before fees+0.251%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: +$23 a day on $10k at the current rate. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.386% in total (about 20.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX AAPLUSDC	338.85	−0.0775	get 0.0388% / 4h	2h 42m	$81K	$327K	20x
Short	Aster AAPLUSDT	338.96	0	get 0.0000% / 8h	6h 42m	$122K	$291K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee AsterbpOrdersPrice spread, now +0.032%Rate

Funding earned: $162.81
Price spread: +0.032% → +0.016%: $1.62
Slippage, 4 orders: −$43.66
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $103.78
Costs to cover: 0.607%
Break-even: 2.5 days

Slippage from edgeX: live order book, 26 min ago; Aster: live order book, 25 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 26 min ago	5.32 bp	10.5 bp −$11	18.2 bp −$182	doesn't fit	doesn't fit
Sell Aster live order book, 25 min ago	3.25 bp	15.5 bp −$15	65.6 bp −$656	doesn't fit	doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX AAPLUSDClong	−0.0775%	4h	338.85	long leg	$81K	$327K	20x
Nado AAPL-PERP	−0.0067%	1h	338.80	−0.017%	$555K	$38K	20x	as long as short
Aster AAPLUSDTshort	0.0000%	8h	338.96	+0.032%	$122K	$291K	20x
Bybit AAPLUSDT	0.0000%	8h	338.99	+0.041%	$6.0M	$39.3M	100x	as long as short
OKX AAPL-USDT-SWAP	0.0000%	8h	338.94	+0.026%	$6.4M	$6.6M	25x	as long as short
Hotstuff AAPL-PERP	0.0000%	1h	338.89	+0.011%	$36K	—	20x	as long as short
Gate AAPL_USDT	0.0000%	8h	338.75	−0.030%	$3.0M	$4.2M	100x	as long as short
Bitget AAPLUSDT	0.0000%	8h	338.99	+0.041%	$6.2M	$3.4M	100x	as long as short
GRVT AAPL_USDT_Perp	0.0000%	8h	338.87	+0.006%	$17K	$433K	10x	as long as short
SunX AAPL-USDT	0.0000%	8h	338.94	+0.026%	$746	$4.7M	20x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit AAPL_USDC-PERPETUAL	0.0000%	1h	338.83	−0.007%	$28K	$67K	10x	as long as short
HTX AAPL-USDT	0.0000%	8h	339.09	+0.070%	$52K	$225K	30x	as long as short
Phemex AAPLUSDT	0.0000%	4h	338.95	+0.029%	$2.1M	$6K	10x	as long as short
QFEX AAPL-USD	+0.0028%	1h	338.90	+0.014%	$3.2M	$4.9M	10x	as long as short
Lighter AAPL	+0.0032%	1h	338.82	−0.008%	$744K	$2.3M	20x	as long as short
Lighter RH AAPL	+0.0032%	1h	338.88	+0.008%	$953K	$3.5M	20x	as long as short
Variational Omni AAPL	+0.0034%	8h	338.90	+0.016%	$2.4M	$1.4M	—	as long as short
Arcus AAPL-USD	+0.0040%	1h	338.82	−0.010%	$269K	$70K	20x	as long as short
Vest AAPL-USD-PERP	+0.0046%	1h	338.69	−0.048%	—	$45K	25x	as long as short
Polymarket Perps AAPL-USD	+0.0050%	1h	338.66	−0.057%	$261K	$395K	10x	as long as short
SoDEX AAPL-USD	+0.0050%	1h	338.90	+0.014%	$75K	$3K	10x	as long as short
BloFin AAPL-USDT	+0.0050%	8h	338.91	+0.017%	$347K	$169K	20x	as long as short
Ondo Perps AAPL-USD.P	+0.0050%	1h	338.71	−0.042%	$1.4M	$2.4M	20x	as long as short
Binance AAPLUSDT	+0.0064%	8h	338.96	+0.032%	$22.2M	$66.8M	25x	as long as short
Extended AAPL_24_5-USD	+0.0064%	1h	338.88	+0.007%	$284K	$2.0M	10x	as long as short
tradeXYZ xyz:AAPL	+0.0095%	1h	338.90	+0.014%	$40.8M	$75.8M	20x	as long as short
KuCoin AAPLUSDTM	+0.0100%	8h	338.68	−0.051%	$1.4M	$27K	20x	as long as short
ApeX Omni AAPLUSDT	+0.0100%	1h	338.67	−0.054%	$946K	$11.0M	50x	as long as short
Orderly PERP_AAPL_USDC_mythos	+0.0100%	8h	338.87	+0.005%	$4K	—	10x	as long as short
Aevo AAPL-PERP	+0.0104%	1h	338.85	−0.001%	$11K	—	10x	as long as short
Coinbase International AAPL-PERP-INTX	+0.0136%	1h	338.51	−0.101%	$655K	$665K	10x	as long as short
Injective AAPL/USDC PERP	+0.0220%	1h	338.65	−0.060%	$191K	$44K	30x	as long as short
Phoenix AAPL	+0.0236%	1h	338.95	+0.029%	$5K	$11K	20x	as long as short